Dental practice management software is tools that help dental professionals in daily workflow, office management, practice management, and communications. This software is easy-to-use and is a cloud-based software that supports to make clinical and administrative routines run smoother and help to manage the dental clinic. The dental practice management software provides templates which are designed for dental practices, the capability to import and organize X-rays, tooth, and gum graphics. Furthermore, these solutions provide a web portal for patients, patient education modules, billing, scheduling, and coding support. Some of the practice management software Boost dentists practice & patient-relationship by enhancing branding, which leads to practice growth. The software also features in-built social media integration, SMS option which promotes brand and growth dashboard offers handy tools to grow revenues rapidly, and flexible features and pricing to suit practices at every stage.
Increasing prevalence of dental disorders, rapid growth in the geriatric population, and rising demand for cosmetic dentistry among the population are the major factors attributed to the growth of the dental practice management software market.
Increasing Prevalence of Dental Disorders
Majority of the patients across the globe suffer from tooth loss due to factors such as tooth decay, periodontal diseases, injuries, accidents, and others. According to the World Health Organization’s, Global Burden of Disease Study 2016 estimated that around 3.58 billion people across the globe suffer from dental caries (tooth decay) in permanent teeth. Moreover, according to WHO studies, periodontal disease, is one of the major cause of tooth loss. It also mentioned that periodontal disease is an 11th most prevalent disease across the globe. Globally, it is estimated that 2.4 billion people suffer from caries of permanent teeth, and 486 million children suffer from caries of primary teeth. Also, according to the American College of Prosthodontists (ACP), 178 million Americans are missing at least one tooth. Additionally, 40 million people on an average in the United States are missing all of their teeth. The ACP estimates that this number is expected to rise over the next two decades owing to increasing cavity and tooth decay. According to a Brazilian study published in the International Journal of Dentistry, the major reasons responsible for dental implant procedures in Brazil were, cavities (38.4%), periodontal diseases (32.2%), eruption problems (6.4%), orthodontics (5.7%), prosthetics (3.6%), injury/trauma (2.6%), occlusal problems (1.1%), and others (9%). Furthermore, the American Dental Association (ADA) statistics 2015, ninety-one percent of Americans over the age of 20 years have suffered from dental cavities at least once in their lives. The high prevalence of dental issues will boost the adoption of dental practice management solutions by the dentists in the coming few years.
Rising Demand for Cosmetic Dentistry
The dental cosmetic industry has gained substantial traction and fame over a period. The cosmetic dentistry aims to improve the appearance of gums, teeth, and bites. Cosmetic implant dentistry is also being induced through surgeries that involve smile correction and other aesthetic procedures. Millennial and baby boomers are primarily responsible for the growth of cosmetic dentistry. In the field of dentistry, dental implants are used highly in order to obtain better results. Dental implants are usually associated with seniors; however, a growing number of younger people are now opting for dental implantation procedures instead of bridges. Aside from the functionality it provides, dental implants also go well with the trend of natural-looking teeth and can last as long as your regular teeth.
A recent survey of dental professionals conducted by the American Academy of Cosmetic Dentistry (AACD) 2015 stated that cosmetic procedures continue to be popular with patients seeking cosmetic treatments. Additionally, according to the Bureau of Labor Statistics, the dental cosmetic procedures are projected to increase by 19% from 2016 to 2026. Thus, the vast adoption and growth of the cosmetic dental procedures are expected to support the growth of the global dental practice management software market over the coming years.
The market is characterized by the presence of market players
The market is characterized by the presence of market players like Carestream Dental, LLC. Curve Dental, Inc., Datacon Dental Systems, Epic Systems Corporation, DentiMax, Henry Schein, Inc., Patterson Dental Supply, Inc., Gaargle Solutions Inc., NXGN Management, LLC, Compudent Systems Inc. These companies are focusing on organic strategies such as product launch and product up-gradation & others. Inorganic growth strategies witnessed in the market were agreement, partnership, and acquisition. These growth strategies have aided the market players in the expansion of their business and enhance their geographic presence. Additionally, growth strategies such as acquisitions and partnerships helped in strengthening their customer base and increase the product portfolio. Companies such as Patterson Dental Supply, Inc. and Carestream Dental, LLC offer good product portfolio in the dental practice management software market, which enables it to meet the demands of customers. These companies also have an extensive presence across the globe that enhances its product distribution across a larger customer base. Moreover, these companies have adopted various inorganic and organic growth strategies for their growth in the market.